Intergenerational Exchange and Support
Intergenerational exchange and support cover the different forms of assistance between parents and children, including emotional support (Fingerman et al. 2016), informal care (Kanji 2018), financial assistance (Johnson 2013; Lee et al. 2018), practical assistance (Brandt et al. 2009), or through allowing another family member to co-reside in their home (Choi 2003) (also see “Intergenerational Exchanges,” in this volume).
Population aging and increasing life expectancy suggest individuals may have more opportunities to both provide and receive support from family members. One form of intergenerational exchange is informal care. For example, older adults may provide grandparental childcare, which may enable their adult children to participate in the labor force (Kanji 2018). In the absence of parents, grandparents...
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